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October 27, 2014
SK Global Chemical and JX Nippon Oil & Energy have inaugurated their joint-venture para-xylene (p-xylene) plant at Ulsan, South Korea. The companies together have invested 936.3...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/SK-Global-Chemical-JX-Nippon-inaugurate-p-xylene-plant-in-Korea_64815.html
October 24, 2014
Weak chlor-alkali demand continues to take a toll on Olin’s quarterly results, but the company expects improvement in the fourth quarter. Olin reports third-quarter net income of $26 million, down 63% year-over-year (YOY) from $70 million. Sales totaled $594 million, down 11% YOY from $671 million. Adjusted earnings per share of 42 cents equaled the analysts’ consensus estimate reported by Thomson Reuters....
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/chloralkali/Olin-third-quarter-earnings-fall-63-percent-on-continued-weak-chlor-alkali_64790.html
October 24, 2014
Para-xylene (p-xylene) spot prices have come off significantly in Europe this month as p-xylene spot prices have dropped in Asia on the back of a significant fall in energy markets...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/paraxylene/P-xylene-prices-fall-in-Europe-on-the-back-of-softer-Asian-prices-weaker-energy-markets_64788.html
October 24, 2014
Westlake says it will invest over $330 million to expand ethylene capacity at its facility in Lake Charles, LA, by 250 million lbs/year and to make other capital improvements. The company expects to complete the expansion in late 2015 or early 2016....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Westlake-plans-$330-million-ethylene-expansion-improvements-at-Lake-Charles_64738.html
October 23, 2014
OxyChem, the chemical segment of Occidental Petroleum, has reported pre-tax earnings for the third quarter of $140 million, down 23% year-on-year from $181 million. The company attributes the decrease to lower caustic soda prices driven by new chlor-alkali capacity, as well as lower overall margins resulting from higher ethylene and natural gas costs....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/vinyl_chloride/OxyChem-third-quarter-earnings-drop-23-percent-on-lower-prices-higher-costs_64717.html
October 23, 2014
As the US market changes specifications for gasoline for the winter season, cheaper year-on-year (YOY) butane prices are likely to push more mixed xylenes (MX) into the chemical...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/mixedxylenes/US-gasoline-spec-changes-lower-Asian-demand-to-soften-aromatics-prices_64754.html
October 23, 2014
PotashCorp today reported third quarter net income of $317 million, down 10% year-over-year (YOY). The company says that although potash and nitrogen performance improved YOY, higher...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/PotashCorp-third-quarter-earnings-dip-on-lower-offshore-contributions_64715.html
October 23, 2014
BorsodChem (Kazincbarcika, Hungary) says it has started preparations to replace its 125,000-m.t./year mercury-cell chlor-alkali plant at Kazincbarcika with a membrane-cell plant. The...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/chloralkali/BorsodChem-launches-mercury-cell-chlor-alkali-plant-replacement-project_64699.html
October 23, 2014
PhosAgro (Moscow) today reported an increase in fertilizer output and sales during the first nine months of 2014. Production rose 5.6% to 4.59 million m.t. Sales were up 4.3% to 4.61...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/PhosAgro-reports-higher-fertilizer-production-and-sales_64698.html
October 22, 2014
Yara International (Oslo) announced today that it will spend 2.25 billion Norwegian kroner ($350 million) to increase fertilizer capacity at its Porsgrunn, Norway, site. The...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Yara-to-expand-fertilizer-capacity-in-Norway-and-Finland_64658.html
October 22, 2014
UOP, a Honeywell subsidiary, says that Cepsa Chemical Shanghai will use UOP's phenol process to produce phenol and by-product acetone — key building blocks for polycarbonate...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/acetone/UOP-technology-selected-for-Cepsa-phenol-project-at-Shanghai_64672.html
October 22, 2014
Braskem (São Paulo) has restarted its steam cracker at Santo André in São Paulo State, after a planned 39-day turnaround for general maintenance, Braskem tells CW...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Braskem-restarts-cracker-in-Brazil-after-major-turnaround_64667.html
October 22, 2014
Yara International (Oslo), a leading global fertilizer producer, today reported increases in third-quarter earnings and revenues. Net income, after minority interest, rose by 9%...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Yara-reports-higher-sales-and-earnings-buoyed-by-lower-energy-costs_64660.html
October 21, 2014
Saskatchewan Mining and Minerals Inc. (SMMI; Chaplin, SK) says it has almost completed installing a dedicated caustic soda and ammonium sulfate demonstration facility at the company's...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/chloralkali/Saskatchewan-Mining-and-Minerals-nears-completion-of-caustic-soda-ammonium-sulfate-demonstration-plant_64655.html
October 21, 2014
PPG and Henan Billions Chemical (Jiaozuo, China) have opened a titanium dioxide (TiO2) manufacturing and research facility. The 366,000-sq meter facility is scheduled to begin...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/titanium_dioxide/PPG-Henan-Billions-Chemical-open-TiO2-manufacturing-plant-in-China_64643.html
October 20, 2014

BASF Total Petrochemical’s metathesis-based propylene unit in Port Arthur, TX, has restarted after a catalyst change, according to market sources. LyondellBasell’s two metathesis units at Channelview, TX, are also likely to have restarted, given lower ethylene prices, says IHS Chemical.

...

http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/BASF-Totals-propylene-unit-back-online-after-catalyst-change_64622.html
October 20, 2014
Mitsubishi Chemical plans to restructure its money-losing purified terephthalic acid (PTA) business, according to Yoshimitsu Kobayashi, president and CEO of Mitsubishi Chemical...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/terephthalic_acid/Mitsubishi-Chemical-to-restructure-PTA-business_64596.html
October 20, 2014
Euro Chlor (Brussels) says its general assembly has chosen Thomas Wehlage as chair of its management committee. Wehlage was elected for a two-year period. He is currently senior v.p....
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/chloralkali/Euro-Chlor-selects-Thomas-Wehlage-as-chair-of-its-management-committee_64600.html
October 16, 2014
“Although we identified very significant operational and structural synergies, we were ultimately unable to agree on terms of a transaction that met the requirements of all our respective shareholders,” says Tony Will, CF president and CEO....
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/CF-and-Yara-end-merger-talks_64570.html
October 16, 2014
Production of olefins increased in Western Europe in the second quarter of 2014 compared with the corresponding quarter of last year, but output slipped compared with the previous...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/butadiene/Europes-olefins-output-increases-year-on-year-slips-sequentially_64553.html
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